29 May 2026

Smartworks Coworking Spaces has expanded its footprint in Bengaluru by leasing nearly 4.92 lakh sq ft office space at Sattva Aura on Outer Ring Road from Sattva Group. The company plans to develop a large managed workspace campus to cater to rising demand from enterprises and Global Capability Centres (GCCs). The expansion comes amid steady growth in India’s flexible office market, especially in Bengaluru’s technology and corporate corridors. Industry data showed office leasing activity remained strong in 2025, with coworking operators accounting for a significant share of total absorption across major cities.Read more

29 May 2026

• Rise Infraventures reported a 46% rise in revenue to INR 120 crore in FY26 from INR 82 crore in the previous fiscal.
• The company facilitated property transactions worth INR 4,840 crore during the fiscal, compared to INR 3,856 crore in FY25.
• Gurugram contributed more than 50% of the company’s total transaction value, driven by strong residential and commercial real estate demand.
• The real estate consultancy plans to expand into more Indian cities and is also exploring entry into the Dubai market.
• Rise Infraventures has set a revenue target of INR 200 crore for the current fiscal while also planning to expand its service portfolio.Read more

28 May 2026

• Real estate developers have reported a sharp increase in construction costs since global geopolitical conflicts disrupted commodity and supply markets.
• Rising prices of steel, cement, fuel, logistics and imported materials are increasing pressure on project execution and development expenses.
• Industry stakeholders have also flagged concerns over labour shortages, procurement delays and potential impact on housing affordability and project timelines.Read more

28 May 2026

Clean Max Enviro Energy Solutions has secured USD 575 million in financing to scale up its solar and wind energy portfolio across India. The funding has been arranged through a mix of domestic and international lenders, supporting the development of Central Transmission Utility-connected renewable projects in Rajasthan and Karnataka. These projects will add to the company’s 1 GW renewable energy capacity. The funds include contributions from public sector banks, global financial institutions, and ECB facilities, along with term loans raised by the company and its subsidiary.Read more

28 May 2026

• Rajasthan State Road Development and Construction Corporation (RSRDC) approved an INR 4,938 crore loan proposal for land acquisition linked to the Kotputli–Kishangarh and Beawar–Bharatpur expressways.
• The approvals were cleared during the corporation’s 131st board meeting chaired by Deputy Chief Minister Diya Kumari in Jaipur.
• RSRDC also approved INR 460 crore for the four-laning of the Nasirabad–Sarwar–Kekri–Deoli road on State Highway-26.
• The board increased repair funding for the Gotan–Bilara–Pundal road project from INR 17 crore to INR 27.87 crore.
• The expressway projects are expected to improve Rajasthan’s highway connectivity, logistics movement and future industrial development.Read more

28 May 2026

India’s office space market is expected to witness steady growth in net leasing activity across the top seven cities this fiscal year, with demand projected to rise 6–7 per cent, according to Crisil Ratings. The outlook, however, remains sensitive to global headwinds such as geopolitical tensions, tariff-related challenges and potential disruptions linked to artificial intelligence adoption. The IT and ITeS sector continues to be the primary demand driver, though cautious expansion plans are influencing investments. Vacancy levels in Grade A commercial spaces are expected to ease marginally as absorption trends remain stable.Read more

28 May 2026

• India’s five listed Real Estate Investment Trusts (REITs) distributed more than INR 2,500 crore to unitholders during the fourth quarter of FY26.
• The distributions were supported by stable office leasing demand, strong occupancy levels and steady rental income across commercial property portfolios.
• The performance highlights growing institutional participation and maturity of India’s REIT market amid continued expansion of income-generating office assets.Read more

28 May 2026

NBCC (India) Limited has reported a robust financial performance for the quarter and full year ended March 2026, with consolidated net profit rising 33.19 per cent year-on-year to INR 742.44 crore in FY26. The state-owned construction and project management company witnessed steady revenue growth driven by execution of large government-led infrastructure and redevelopment projects. The results highlight continued momentum in its project management consultancy and engineering procurement segments, supported by a healthy order book and sustained government infrastructure spending.Read more

27 May 2026

• Life Insurance Corporation of India (LIC) reported a net profit of INR 23,420 crore in the March quarter of FY26, making it the most profitable entity in India’s financial sector.
• The state-owned insurer also retained its position as the highest profit-making Central Public Sector Enterprise (CPSE) during the fourth quarter.
• It was followed by State Bank of India (INR 19,684 crore) and HDFC Bank (INR 19,221 crore) in quarterly profitability.
• LIC’s Assets Under Management rose to INR 57,29,396 crore as of March 2026, reflecting steady growth across its portfolio.Read more

27 May 2026

• Eldeco Housing and Industries has approved its audited standalone and consolidated financial results for FY26 at its board meeting held on May 25.
• The company received unmodified audit opinions from statutory auditors for both standalone and consolidated financial statements under SEBI listing regulations.
• Eldeco’s consolidated operations include an extensive network of wholly owned subsidiaries engaged in real estate, housing and infrastructure development projects across multiple regions in India.Read more